Nothing within this supposes any level of comprehensive government involvement in your health whatsoever.

.), capital items (roof, sewer lines, furnace, special assessments by an HOA), and vacancy (which turns into rent that doesn't get collected.)

I understand that the property has been mortgaged for upwards of $250k in the past, although it has appraised in the last year for $140k and been assessed by the county for around $180k.The intent is to use it as a church, not sell it or hold for future development.

Which is more important to a lender-assessed value, appraised value or asking price?

Current assessment value is $69,099, which is strongly supported by a good number of comps in the same neighborhood.

i just received a bill for $741.57 from the city for the pavement assessment infront of my rental. fun!

Those all things are not limited to insurances, ccrs (covenants, codes, restrictions) monthly dues and annual and special additional raises and assessments, what happens if only 7 lots are sold by the end of the auction?

Welcome Jesse, Just to clarify, the appraisal process Bryan pointed out is for the assessment or appraisal of the loss, the value of the damage, not the replacement value that needs to be insured.

Few investors have attorneys on retainer that notify them of what is going on locally as Realtors do, so if some agent says something, I listen, but....consider the source, who it is and assess thier knowledge.

I agree with the inflation assessment, but not hyperinflation.